Target-date fund outcomes expose fiduciaries to risk
November 10, 2014 12:00:00 AMTDFs are often black boxes, so many fiduciaries don't realize they do not have a rigorous conceptual basis — as demonstrated by the dramatic variation in the returns and asset allocations of funds with the same target date.
Fee disclosure rules are a win-win for everyone
May 28, 2012 01:00:00 AMThe willingness of an experienced plaintiffs' ERISA counsel to settle for “pocket change” in the Braden vs. Wal-Mart Stores Inc. case and the 7th U.S. Circuit Court of Appeals' upholding of a lower court's dismissal of the Loomis vs. Exelon Corp. case must have delighted 401(k) plan sponsors.
Conventional wisdom, fiduciary duty and 401(k)s
November 30, 2009 12:00:00 AMFor almost 30 years, conventional wisdom has maintained that 401(k) fiduciaries can easily fulfill their duties through a few crucial steps. Unfortunately, conventional wisdom, more often than not, reflects what we wish to believe rather than fact.
NOT ON THE INTERNET, PLEASE
June 14, 1999 01:00:00 AM